Rope Inc
- Assets
- $137.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waukegan, IL
- Founding
- 11/1997
- Data as of
- 12/2016
- EIN
- 36-3930563
Organization Overview
Rope Inc is located in Waukegan, IL. The organization was established in 1997. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rope Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Rope Inc generated $116.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $124.3k during the year ending 12/2016. While expenses have increased by 17.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
GRANT PROVIDED BY THE STATE OF IL DASA TO PROVIDE TRANSITIONAL HOUSING FOR EX OFFENDERS RELEASED FROM PRISON GIVING THESE MEN THE OPPORTUNITY TO BE REHIBILITATED AND FUNCTIONAL IN SOCIETY. SUCCESSFULLY REACHED A NUMBER OF ADDICTS AND EX OFFENDERS IN THE LAKE COUNTY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Stackhouse President | 50 | $0 | |
Deborah Stackhouse Vice President | 15 | $0 | |
Tyron Copeland Treasurer | 15 | $0 | |
Kim Gates Secretary | 50 | $0 | |
John Ravenaigh Director | 15 | $0 | |
Scott Melcher Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,165 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,165 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,714 |
| Professional fees and other payments to independent contractors | $7,488 |
| Occupancy, rent, utilities, and maintenance | $6,326 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,789 |
| Total expenses | $124,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,116 |
| Other assets | $0 |
| Total assets | $137,319 |
| Total liabilities | $122,046 |
| Net assets or fund balances | $15,273 |